Cohousing-L Mailing List: Re: Altair's HOA Dues

[Ann Zabaldo (zabaldo]

Mac — thanks for this info.  Very interesting way to calculate HoA dues.

What is the s/f for each of the homes?  

We have single people occupying the largest units.  We have single parents w/ 1 
child occupying a 2 BR 1 or 2 bath unit that is around 800 +/-.

All of our homes now are market rate for the DC area.  Recent resale on a 2 BR 
1BA home went for $50K over asking.  No escalation clause. Straight offer.

Just a couple of examples of the crazy market here in the DC area that affect 
the sales of all homes including Takoma Village.

Within the last month a very plain clapboard house in a community w/ almost lot 
line building (meaning hardly any yard front or sides) sold for $720K over 
asking.  Now granted it was in an upscale neighborhood and it had 5 BR BUT it 
was really, really, seriously PLAIN.  I guess the blue exterior made it 
attractive …

This morning’s report on area sales now shows the median price of a home in the 
area is $600K.  Ugh.  Our coho homes are now waaaay outside the “starter home” 
set.  Even outside most work force housing that teachers, librarians, civl 
servants could afford.  Interestingly … we don’t have a problem selling homes 
here … but the strata who can buy here is narrow?


Best —

Ann Zabaldo
Takoma Village Cohousing
Washington, DC
Ex. Dir. & Mbr. Board of Directors
Mid Atlantic Cohousing
Principal, Cohousing Collaborative, LLC
Falls Church, VA
202.546.4654
zabaldo [at] earthlink.net

In the U.S., 5 out of 4 people have trouble with math.

NOTE:  Please use zabaldo [at] earthlink.net for email.















> On Jun 15, 2022, at 9:40 AM, Mac Thomson via Cohousing-L <cohousing-l [at] 
> cohousing.org> wrote:
> 
> As others have said, dues depend a lot on your individual circumstances, but 
> I would guess that if you averaged similar communities, you’d get a pretty 
> good idea of what your dues may be.
> 
> Our monthly dues for 2022 are: 
> Household of 0 (vacant home): $120
> Household of 1: $176
> Household of 2: $231
> Household of 3: $287
> Household of 4: $343
> Household of 5: $399
> 
> Some details:
> 24 households
> dues are based 50% per household and 50% per person
> very rural community with pastures to steward, which costs ~$5K/yr
> each of us owns our own home so HOA dues only pay for maintaining community 
> assets: common house, workshop, greenhouse, barns — not private homes
> we have our own roads (snow plowing and maintenance) and water and septic 
> systems paid for with HOA dues
> HOA dues also pay for garbage collection and recycling
> a significant part of our dues (25% - 35%?) go into building reserves
> 
> 
> -- 
> Mac Thomson
> 
> Heartwood Cohousing
> Southwest Colorado
> http://www.heartwoodcohousing.com
> 
> 
> "There never was a good war or a bad peace."
>       - Benjamin Franklin
> **********************************************************
> 
> 
> 
>> On Jun 14, 2022, at 2:18 PM, Joel Bartlett <altairecovillage [at] gmail.com> 
>> wrote:
>> 
>> Dear Friends,
>> 
>> Our community has not developed our HOA dues - many factors, of course, and
>> it is too early to tell prospective members what the dues might be.  We
>> would very much like to have input from various Cohousing communities on
>> what the HOA due are.  This would be helpful - and, of course, detail would
>> also be appreciated.
>> 
>> Thank you so much,
>> Yours, Joel Bartlett
>> Altair EcoVillage
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